Tag Archives: World Bank

Indian investors are forcing Ethiopians off their land

John Vidal in Delhi,guardian.co.uk Farm workers remove weeds from young plants at the palm oil plantation owned by Karuturi Global, near the town of Bako, in Ethiopia. Photograph: Jose Cendon/Getty Images Ethiopia‘s leasing of 600,000 hectares (1.5 acres) of prime … read more »

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Diaspora Media: Africa’s missing link with its Diaspora

By Dr Ola Ogunyemi The brain drain Africa suffered since the double waves of decolonisation and structural adjustment did not only impact negatively on political and economic developments, but also decimated Africa as professional and business elite – students and … read more »

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Ngozi Okonjo-Iweala: A Beacon of Hope

By Olusola Daniel A critical look at the composition of the present cabinet of President Goodluck Jonathan may make one question the criteria used in selecting the persons for the different portfolios. Whilst majority of the officials have been dubbed … read more »

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What Do you Know About Ethiopia?

 Unedited note sent to IndepthAfrica by one of our Ethiopian readers. Teklit Adhanom This country once was among the few superpowers of the world, its civilizations dates up to 3000 years . This country passes through so many ups and … read more »

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Ethiopian telecoms sector amongst most corrupt in country

By Gabriella Mullagin, Humanipo The telecommunications sector in Ethiopia is one of the most prone to corruption, according to a much-anticipated World Bank report which shines light on the role of state-run operator Ethio-Telecom. According to the “Diagnosing Corruption in … read more »

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FG to Ezekwesili : How did you spend N457.8 Billion Education fund as Minister?

National Daily Call it the blame game, responding to criticisms or outright quest for transparency in the management of the country’s resources, more information will be streaming out in the coming years as the Federal Government has taken the query … read more »

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We Have No Idea if Africa Is Rising

BY MORTEN JERVEN It’s been fascinating to watch FP’s recent debate on economic growth in Africa. Some commentators argue that African economies are destined to remain trapped in the bottom billion unless some sort of fundamental change occurs. Others beg … read more »

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Davos, De-Risking Africa And The Green Economy

De-Risking Africa was the title of the main session on Africa at the 2013 World Economic in Davos, Switzerland. On 23 January a distinguished panel, including two African presidents, two from the private sector and one human rights lawyer met … read more »

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Nigeria Ranked Top 20 Economies By 2050 – How will this happen?

Nwokem Ikenna You are one of a KIND, and I mean it from the depth of my ‘shallow’ heart – which is deep – Got It? Keep it up Bro. Most things in life starts by/with TALKING before the WALKING. … read more »

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Leadership Puppetry, Despotism, Corruption & Hypocrisy: Poisonous For Africa

By Tapiwa Kapurura, zimeye.org Pan-Africanist ideologies demand the elimination of the past colonial order, revamping of the dignity of the African person and the control of the resources on the land for the benefit of the native African. Such creeds … read more »

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Somali president defends police handling of rape case

(TrustLaw) – Somalia has no tolerance for rape but the government will not intervene in a case decried by human rights activists where Mogadishu police arrested a woman who said she was raped by government forces and detained a journalist … read more »

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Ethiopia Water Grabs: Creating ‘East Africa’s Aral Sea’?

Lori Pottinger Editor of World Rivers Review and Africa Campaigner The destruction of the Aral Sea in Central Asia has been called the world’s worst environmental disaster. It’s not something we should be repeating, especially in a time of growing … read more »

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World Bank – Poverty Has Reduced in Nigeria

By Abdul-Rahman Abubakar, Daily Trust The World Bank has praised economic policies of the present administration declaring that it has led to slight reduction in the country’s poverty index from 48 to 46 percent. Speaking when he visited President Goodluck … read more »

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Ethiopia: Govt’s Controversial Gibe III Mega-Dam

By Mark Kapchanga The Gibe III dam could help Ethiopia’s development, but it might also be disastrous for the environment and threaten half a million people’s livelihoods. There are concerns that more than half a million people’s livelihoods along the … read more »

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A Call for a Marshall Plan for South Sudan (1-2)

By John A. Akec “There is no shortage of funding in the world, only shortage of fund-able plans”- Author’s personal conviction South Sudan obtained its independence from Sudan in July 2011, six months after voting overwhelmingly to secede from the … read more »

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Ethiopia: Corruption On the Rise – Survey

Addis Fortune (Addis Ababa) Five years in the making and two years later than the scheduled launch time, a survey conducted to gauge the level of corruption in Ethiopia was released last week, by the World Bank. Nonetheless, it falls short … read more »

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Ethiopia’s Expanding Sectors Prone to Corruption

Martha van der Wolf, VOA ADDIS ABABA — A new study says the fastest-growing sectors of Ethiopia’s economy, such as telecommunications, land management and construction, are prone to corruption.  A study conducted by the World Bank and the Federal Ethics … read more »

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The Rise of Ethiopia’s Sole Rebels

Ethiopian entrepreneur Bethlehem Tilahun started Sole Rebels in 2005 in order to create jobs and sustainable prosperity in her country. Courtesy: Sole Rebels ADDIS ABABA , Jan 1 2013 (IPS) – Innovative Ethiopian footwear manufacturer Sole Rebels will open its … read more »

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Ethiopia: Anti-Corruption Commission Launches New Web Portal

The Federal Ethics and Anti-corruption Commission of Ethiopia (FEACC) officially launched its new webportal on December 23, 2012. The webportal was developed by Africom Technology Plc at a cost of 254,000Br. The unveiling took place at the Ghion Hotel in … read more »

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Africa has more mobile phone Subscribers than the US or EU

By Tyler Falk, smartplanet Africa now has more than 650 million mobile phone subscribers. That’s more than either the United States or the European Union. And it’s a market that has seen explosive growth. Since 2000, the mobile phone market … read more »

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Ethiopia to Supply Power to Five East African Countries

Five East African countries are expected to become beneficiaries of the Eastern Electricity Highway project which is expected to see these countries using Ethiopia’s surplus electric power for their domestic uses, reports Capital. The five countries expected to be connected … read more »

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World Bank assists Ethiopia with 4bn Dollars

The World Bank launched today (December 19, 2012) Country Partnership Strategy (CPS) for Ethiopia in which the Bank planned to provide 4 billion US dollars to the country for the coming four years supporting its Growth and Transformation Plan (GTP). … read more »

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Growth path in Africa

As African economic prospects brighten, there is debate about which model best suits the continent. Ahmed Shide admits his country is following a development path similar to that of China but not any sort of model. The youthful Ethiopian state … read more »

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Chinese automaker moves assembly plant to Ethiopia

Lifan Industry Group Co. (601777), a Chinese automaker, plans to spend $3.5 million moving into a new vehicle-assembly plant in Ethiopia next year as it seeks to expand in Africa, General Manager Liu Jiang said. The company’s Ethiopian unit, Yangfan … read more »

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kidnappers free Nigerian finance minister’s mum

The mother of Nigeria’s Finance Minister Ngozi Okonjo-Iweala has been released five days after she was kidnapped, Delta state governor Emmanuel Uduaghan has told the BBC. He said Kamene Okonjo, a retired professor, was dropped off on a main road … read more »

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Democratic Transition in North Africa

Egypt’s transition is turbulent, to say the least. The upcoming constitutional referendum is becoming more fraught by the day. Because most of the country’s judges are refusing to supervise the referendum, it is now scheduled to take place on two … read more »

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Ethiopia mobile banking services set to go live

Ethiopia is one of the last countries in Africa to permit mobile banking. Mobile banking has proved to be profitable in the developing world, where many people still do not use banks. Earlier this year, the World Bank reported that … read more »

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Nigeria Leaders: The Second Most Corrupt in the World

The perception of the Federal Government before Nigerians crashed further, as they rated the nation’s leadership as the second most corrupt in the world, a Gallup poll just made public has revealed. Gallup, in its first-ever report on “Global States … read more »

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Nigeria: Jonathan allows Boko Haram grow into a monster, Says Obasanjo

Former President Olusegun Obasanjo, yesterday, blamed the incumbent president Goodluck Jonathan for allowing the Islamic sect, Boko Haram, to grow into a monster that is now uncontrollable by his failure to act on a report submitted to the government. The … read more »

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Rethinking Ethiopia’s Growth and Transformation

By Michael Street The environmental management of this vital water tower of Africa, with its implications for global security, is among the most pressing issues of our time. No one could have been more aware of the enormous challenges than … read more »

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